Introduction: the working hypothesis -- What work is worth -- As American as economic pie -- Productive pluralism -- The labor market -- A future for work -- Turning around -- The environment and the economy -- Teaching to the rest -- The importance of borders -- More perfect unions -- The wage...

High employment in America stems not from flexible wages, but from institutions that foster high effective demand, especially in health care, higher education, housing, and the spending of retirees. These institutions combine public and private revenue sources so as to establish soft budget...

This book has three purposes. First, to convince professional economists who study the behaviour of the economic system as a whole that they must re-examine some of the assumptions underlying the reigning economic theories. Second, to explain to the general public why the currently fashionable...

Discussion of the distribution of income is noticeable by its absence from most mainstream macroeconomic analysis, though it does, of course, make an appearance in post Keynesian economics, particularly as derived from the work of Kalecki. This lack of attention to the distribution of income...